0203, 0204, 0205, 0206, 0207, 0208, 0209 – Goods and Services Tax – All goods, fresh or chilled ************* Notes: As amended by notification no. 44/2017 dated 14-11-2017 w.e.f. 15-11-2017, before i
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0104 – Goods and Services Tax – Live sheep and goats – Goods and Services Tax – Schedules
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Goods and Services Tax – GST – Dated:- 1-7-2017 – Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers Under GST regime, a uniform MRP of ₹ 295.47 per 50 kg bag to be fixed across the country GST regime to deter inter-state smuggling of fertilizers by integrating the entire fertilizer market into a Single Market Farmers to benefit to the tune of ₹ 1261 crores under GST regime: Shri Ananthkumar Union Minister for Chemicals & Fertilizers and Parliamentary Affairs, Shri Ananthkumar briefed the media on the outcome of the 18th meeting of the GST Council, held here on 30th June 2017, regarding Fertilizer sector. The Minister said that it was decided to reduce the GST
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tes where additional VAT is charged on the natural gas as Natural gas has not been brought within the ambit of GST. However, even in these States, MRP will reduce by ₹ 3 per 50 kg bag. Similarly, MRP of P&K Fertilisers, for which the prices are not administered, are also expected to come down on an average basis as the incidence of tax will be lower than the existing tax on an average, the Minister added. The GST regime, apart from integrating the entire fertilizer market into a single market, will also deter inter-state smuggling of fertilizers which may be currently happening due to differing levels of taxes and consequently MRPs in different adjoining States. The GST would realize the Prime Minister of India, Shri Narendra Modi
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0105 – Goods and Services Tax – Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. – Goods and Services Tax – Schedules
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0106 – Goods and Services Tax – Other live animal such as Mammals, Birds, Insects – Goods and Services Tax – Schedules
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0103 – Goods and Services Tax – Live swine – Goods and Services Tax – Schedules
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Rules related to Registration and Composition Scheme have been notified on 19th June, 2017& came into effect from 22nd June, 2017 in order to start the process of issue of Registration Certificate, called Goods and Services Tax Identification Number (GSTIN), to taxpayers already issued provisional ID for registration (PID) as well as to the new taxpayers. – Goods and Services Tax – GST – Dated:- 1-7-2017 – The rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certificate, called Goods and Services Tax Identification Number (GSTIN), to taxpayers who have
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0102 – Goods and Services Tax – Live bovine animals – Goods and Services Tax – Schedules
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0101 – Goods and Services Tax – Live asses, mules and hinnies – Goods and Services Tax – Schedules
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3104 – Goods and Services Tax – Mineral or chemical fertilisers, potassic, other than those which are clearly not to be used as fertilizers ***************** Notes: 1. Inserted vide notification no. 1
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3105 – Goods and Services Tax – Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tabl
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3102 – Goods and Services Tax – Mineral or chemical fertilisers, nitrogenous, other than those which are clearly not to be used as fertilizers ***************** Notes: 1. Inserted vide notification no
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3103 – Goods and Services Tax – Mineral or chemical fertilisers, phosphatic, other than those which are clearly not to be used as fertilizers ***************** Notes: 1. Inserted vide notification no.
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Heading 9996 – Goods and Services Tax – Services by way of training or coaching in recreational activities relating to- (a) arts or culture, or (b) sports by charitable entities registered under secti
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Goods and Services Tax – Services by way of right to admission to- (a) circus, dance, or theatrical performance including drama or ballet; (b) award function, concert, pageant, musical performance or any sporting event other than a recognised sporting event; (c) recognised sporting event; (d) planetarium, where the consideration for right to admission to the events or places as referred to in items (a), (b), (c) or (d) above is not more than ₹ 500 per person. *****************************
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Heading 9996 – Goods and Services Tax – Services by an artist by way of a performance in folk or classical art forms of- (a) music, or (b) dance, or (c) theatre, if the consideration charged for such
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Heading 9996 – Goods and Services Tax – Services by way of admission to a museum, national park, wildlife sanctuary, tiger reserve or zoo. – Goods and Services Tax – Schedules
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Goods and Services Tax – Service by an unincorporated body or a non- profit entity registered under any law for the time being in force, to its own members by way of reimbursement of charges or share of contribution – (a) as a trade union; (b) for the provision of carrying out any activity which is exempt from the levy of Goods and service Tax; or (c) up to an amount of 25[seven thousand five hundred] rupees per month per member for sourcing of goods or services from a third person for the comm
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Heading 9993 – Goods and Services Tax – Services provided by the cord blood banks by way of preservation of stem cells or any other service in relation to such preservation. – Goods and Services Tax – Schedules
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Heading 9993 – Goods and Services Tax – Services by way of- (a) health care services by a clinical establishment, an authorised medical practitioner or para-medics; (b) services provided by way of tra
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Heading 9994 – Goods and Services Tax – Services provided by operators of the common bio-medical waste treatment facility to a clinical establishment by way of treatment or disposal of bio-medical was
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Heading 9994 – Goods and Services Tax – Services by way of public conveniences such as provision of facilities of bathroom, washrooms, lavatories, urinal or toilets. – Goods and Services Tax – Schedules
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Heading 9983 or Heading 9985 or Heading 9992 – Goods and Services Tax – Services of assessing bodies empanelled centrally by the Directorate General of Training, Ministry of Skill Development and Entr
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Heading 9992 – Goods and Services Tax – Services provided by training providers (Project implementation agencies) under Deen Dayal Upadhyaya Grameen Kaushalya Yojana implemented by the Ministry of Rur
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Goods and Services Tax – Started By: – Uday P – Dated:- 1-7-2017 Last Replied Date:- 16-7-2017 – Sir, I understand that the threshold limit for compulsorily registering under GST is aggregate turnover of 20 lakhs. How is this turnover determined in case of a secondhand goods dealer,? Just to give an example Assuming I have purchased all secondhand goods from gst registered dealers during the year for a total of 18 lakhs and have sold the same for 21 lakhs. What will be my aggregate turnover?… Is it 21 lakhs or is it 3 lakhs? In this case will I have to register compulsarily for GST? Warm regards. – Reply By KASTURI SETHI – The Reply = Your turnover is 21 lakhs. – Reply By Uday P – The Reply = Sir, I am confused because going by the defin
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a person dealing in buying and selling of second hand goods i.e. used goods as such or after such minor processing which does not change the nature of the goods and where no input tax credit has been availed on purchase of such goods the value of supply shall be the difference between the selling price and purchase price and where the value of such supply is negative it shall be ignored. – Reply By KASTURI SETHI – The Reply = You are to compute aggregate value for the purpose of threshold exemption as per Section 2(6) of CGST. You are referring to determination of value of supply as per Model GST Act. It is for different purpose. Now study CGST/SGST/IGST and not Model GST Act. Model GST was at draft level prior to enactment. – Reply By Pre
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odel GST Act is not to be referred only various GST Acts are to referred. – Reply By Uday P – The Reply = Sir, just to make things more clear for me , in the above example of 18 lakhs purchase and 21 lakhs sale, if the dealer opts for registering under composite scheme will he be paying tax on 21 lakhs being the sale value as done generally in a composition scheme or he will have to pay tax on 3 lakhs that being the difference of purchase and sale prices as per rules for valuation of supply for secondhand goods traders. I am asking this because I want to know if the valuation rule for seconhand goods applies for both schemes , regular gst and also under composition gst or this valuation rule applies only for the normal GST scheme. – Reply B
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